179 Condominium 19 Stories Building Vancouver British Columbia Canada

  • Insurance Challenges

    • Multiple major leak events led to the strata/HOA facing a significant increase in the building insurance deductible from
    $50,000 to $250,000 per year.
    • Annual insurance premiums increased by $90,000.

    Resident Impact

    Residents were required to obtain individual policies costing approximately $1,000 per year to cover the new $250,000
    deductible.

  • Solution: Installation of a Comprehensive Risk Reduction System

    Safehous In-pipe Flow Detection
    • Coverage: Installed on both hot and cold-water services
    • Feature: Automatic ball valve shutdown to immediately stop water flow during a leak.
    • Point-of-Location (POL) Floor Detection Sensors Kitchen: Refrigerator, Sink, Dishwasher; Laundry & Bathrooms locations.
    • Automatic ball valve shutdown upon leak detection.
    • Alert and Control Systems - Instant Notifications: SMS, email, and app alerts for any activations.
    • User Controls: Home, Away, and Turn Off modes. Easy-to-use Key fob, Voice: Google Assistant /Alexa & YoLink App

  • Benefits of the Risk Reduction System - Proactive Risk Management:

    • Early leak detection prevents extensive water damage
    • Financial Savings: Potential to reduce insurance premiums and deductibles & Minimizes costly repairs and expenses.
    • Enhanced Building Integrity: Demonstrates a commitment to maintaining the property's value and safety.
    • Ease of Use: Simple installation and user-friendly operation encourage resident cooperation.

Information

  • • Safehous Flow Sensors 358
    • Floor Location Sensors 1200
    • Strata Deductible $250,000
    • Location
    Vancouver, British Columbia

  • • Building Height 19 Stories
    • Size 2 Bed / 2 Bath
    • Main Water Services 1 Hot / 1 Cold
    • Dishwasher / Refrigerator / Laundry

Protect Your Property with Proactive Water Management

Ready to prevent costly water damage, reduce maintenance expenses, and improve building efficiency? Contact us today to learn how proactive water management can protect your property and ensure long-term financial stability.

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